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PLEDGED ASSETS	3 Months Ended
PLEDGED ASSETS	Mar. 31, 2022
Financial Instruments Pledged as Collateral [Abstract]
Pledged Assets [Text Block]	NOTE 5. PLEDGED ASSETS Assets Pledged to Counterparties The table below summarizes our assets pledged as collateral under our repurchase agreements and derivative agreements by type, including securities pledged related to securities sold but not yet settled, as of March 31, 2022 and December 31, 2021. (in thousands) March 31, 2022 December 31, 2021 Repurchase Derivative Repurchase Derivative Assets Pledged to Counterparties Agreements Agreements Total Agreements Agreements Total PT RMBS - fair value $ 4,369,564 $ - $ 4,369,564 $ 6,294,102 $ - $ 6,294,102 Structured RMBS - fair value 207,283 - 207,283 212,270 - 212,270 U.S. Treasury Notes - 36,477 36,477 - 29,740 29,740 Accrued interest on pledged securities 14,816 3 14,819 18,804 13 18,817 Restricted cash 113,589 16,610 130,199 57,264 8,035 65,299 Total $ 4,705,252 $ 53,090 $ 4,758,342 $ 6,582,440 $ 37,788 $ 6,620,228 Assets Pledged from Counterparties The table below summarizes assets pledged to us from counterparties under our repurchase agreements and derivative agreements as of March 31, 2022 and December 31, 2021. (in thousands) March 31, 2022 December 31, 2021 Repurchase Derivative Repurchase Derivative Assets Pledged to Orchid Agreements Agreements Total Agreements Agreements Total Cash $ 4,172 $ 34,983 $ 39,155 $ 4,339 $ 7,206 $ 11,545 Total $ 4,172 $ 34,983 $ 39,155 $ $ 4,339 $ 7,206 $ 11,545 Cash received as margin is recognized as cash and cash equivalents with a corresponding amount recognized as an increase in repurchase agreements or other liabilities in the balance sheets.